Author Question: Persistent current account deficits for the United States have A) increased government budget ... (Read 62 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
Persistent current account deficits for the United States have
 
  A) increased government budget deficits.
  B) decreased investment in new plant and equipment.
  C) slowed economic growth.
  D) None of the above are correct.

Question 2

If the federal budget has an actual budget deficit of 100 billion and a cyclically adjusted budget deficit of 75 billion, then the economy
 
  A) must be at potential real GDP. B) must be above potential real GDP.
  C) could be below or above potential real GDP. D) must be below potential real GDP.



k2629

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library